Google's much awaited UPI enabled mobile payments app is finally debuting in India and will be officially launched by the Finance Minister Arun Jaitley in the capital today. Google's new app Tez is a mobile wallet which links your phone to your bank account.
To transfer money from bank to bank, all you need to do is link your bank account to the Tez app over UPI. Apart from English, Tez also supports all the major regional languages including Hindi, Telugu, Tamil, Kannada, Bengali, and Marathi.
The app offers a different service than PayTM, the most successful UPI payments app in India right now and might be able tp differentiate itself from PayTM but it may take a while before people accept Tez as their primary mobile payments app. The app is now available to download from both the Google Play Store and the Apple App Store.
Tech giant Google on Monday joined the bandwagon of Unified Payment Interface (UPI) -based payment apps launching its "Tez" app. With a clean interface, Tez app is truly user-friendly. The Tez app itself is protected with a Google PIN or fingerprint.
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Moreover, Google also has interesting offers such as scratch cards and referral rewards for the app.
Moreover, the app can be utilized return to make online transactions on PVR Cinemas, RedBus, Domino's Pizza, Jet Airways, Dish TV and many such online services. You can download the APK file of the Tez app from here Google Tez APK 1.0.085_RC15. The Google Tez app is the first digital payment app that has been launched by the company in India. Also, there is no requirement to open any separate account and one need not worry about reloading the wallet. The phone number should be linked to your bank account.
Moreover, it supports over 50 UPI enabled banks, UPI which is India's official Digital payment method. After that, the bank may charge fees or impose additional requirements. The app provides a fast one tap payment solution to Indian users and competes with BHIM app. Google has partnered with Axis, ICICI, HDFC for the new service. If that person is with you, then simply scanning the QR code and utilizing the Cash Mode will make the payment. Since Aadhar card also has details like name, age, contact number, address, email ID and parent's name this means that the users will have to share these too. The payment is also trying to fill the gap in banking between digital wallets and bank accounts.